Nigeria’s External Debt Service to Hit $5.2bn in 2025, Fitch Warns Fitch Ratings has projected that Nigeria’s external debt servicing will rise to $5.2 billion in 2025, underscoring growing fiscal strain despite ongoing economic reforms. The global credit rating agency disclosed this in a commentary released on Friday, in which it upgraded Nigeria’s long-term foreign-currency…
Fubara Slams Police Over Crackdown on Anti-Emergency Rule Protesters in Rivers Suspended Rivers State Governor Siminalayi Fubara has condemned the Nigeria Police for what he described as their heavy-handed response to peaceful demonstrators opposing the emergency rule in the state. Fubara’s criticism follows two separate protests by women groups in Rivers State. While demonstrators in…
Lagos Deputy Governor Raises Alarm Over N29m Electricity Bill, Slams ‘Crazy Billing’ The Deputy Governor of Lagos State, Obafemi Hamzat, has expressed frustration over a massive spike in his electricity bill, which jumped from ₦2.7 million in March to ₦29 million in April. Speaking on Monday during a roundtable in Victoria Island between the Lagos…
